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The aim of this paper is to recount the ebbs and flows of Keynesianism over the history of macroeconomics. The bulk of the paper consists of a discussion of the main episodes of the unfolding of macroeconomics (Keynesian macroeconomics, monetarism, new classical macroeconomics, real business...
Persistent link: https://www.econbiz.de/10013137924
"A century of macroeconomic and monetary thought at the National Bank of Belgium" traces the history of economic research at the National Bank of Belgium, from the early decades of the 20th century to its present functioning in the Eurosystem. The study also goes into the major economic policy...
Persistent link: https://www.econbiz.de/10013137925
Keynesian economics dominated economic thought and macroeconomic policy-making in the 1950s and 1960s. However, the … diffusion of Keynesian economics has been uneven. In this paper, we compare the spread of Keynesian economics in two continental … economics that the market is inherently unstable and that the government has a key role in economic life in steering effective …
Persistent link: https://www.econbiz.de/10014190602